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Ford bought my '02 Ranger, 4.0L w/ 4.10s, 4x4, 5spd, 4 door, 80k miles, decked out XLT package for 9 grand a few years ago. One wreck, new front end w/ both quarter panels and a new hood.
Get the 4.0L V6 with at least 3.73 gearing to get any feeling of power. I've driven a '01(?) 3.0L w/ the 5spd and it just felt gutless to me, I think it was a 3.55 rear end? I drove a beater Ranger once with the I4 engine (2.4L?) and it was an absolute dog. My 4.0L with the 4.10s got 22 on the highway going 70, avg'd 17 in town. That 3.0 got maybe 24 on the highway, but it was a 2wd. The front end doesn't unlock on the 4x4s, so it does kind of drag the milage down.
Only major problem I had was a bad slave cylinder at 30K miles, the job was botched by the dealership and led to a new tranny at no cost to me. I went through tires every 20k, but that was probably my fault. After the front end was rebuilt the steering pulled right no matter what got adjusted, it was proably a tweaked frame rail that the shop/insurance didn't catch, but the tires always wore even, I put 30k on it after that wreck. I liked the truck just fine, kinda miss it somedays, just needed a bigger bed and the dealership was willing to pay enough $$ for it.
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Bryan

2007 F-250 6.0L PSD FX4
Growing four inches straight up by Christmas
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